Opening your own business is often a learn-as-you-go process. But, the smarter decisions you make early on, the better chance your company has for success. If you have an entrepreneurial idea, try these tips.

Opening your own business is often a learn-as-you-go process. But, the smarter decisions you make early on, the better chance your company has for success. If you have an entrepreneurial idea, try these tips.

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First, address excuses. Countless people dream of becoming entrepreneurs, but they never do. They’re burdened with excuses and fears of failing. From money to time to responsibilities, you can make a million cases for not starting a business. But, excuses only slow you down from reaching your goals. If you really want to start a business, you need to address the reasons you think you can’t start a business and get rid of them. Find a solution to the issue rather than let it hold you back.

Second, absorb everything. Listen to what others have to say-friends, family, experts, even yourself. When it comes to things that have to do with your entrepreneurial goals, be a sponge. As you learn, start to work out the idea in your head. Write things down. Keep notes from all the resources you come across to develop a detailed plan.

Third, be a solution. Rather than starting your idea with what to sell, think about what it will solve. It’s a lot easier to gain a solid customer base when your business is fixing a problem. Your startup should fill a hole in a certain market or niche.

Next, keep it simple. As a new business owner, try to start small and narrow your focus. Learn how to test your business idea. Create a simple, quality good or service. A successful business idea should fulfill promises to customers and exceed expectations.

Fifth, count the costs. Once you start to develop your business idea, add up how much it will cost. You will need to factor in every business expense necessary to launch and operate. Some costs to keep in mind include your location, rent, supplies, marketing, and more. Don’t forget about your personal budget.

Sixth, earn while you build. As a new business owner, it will take some time to earn a steady income. Keep your job and work on the business during off hours so you can earn during those tough, first stages. Once you have a healthy inflow of cash from your company, you can tackle business ownership full time.

Lastly, speak up about your business. One challenge many business owners face is that they don’t know how to sell. It can be intimidating to share your business with the world, especially when you’re new. If you’re worried what people will think about your business, you need to get over it. If you really want business success, you can’t afford to be shy to convince consumers to buy from you and support your company.

Those are the tips. Just consider them when you are about to start your own business.

Adopted from:

https://web.archive.org/web/2/https://www.forbes .com/sites/mikekappel/2017/07/12/10-tips-for -starting-a-small-business-that-you-havent heard-a-thousand-times-already/?
sh-65892e26e19e (May 2, 2024)

What should a successful business idea be like?

Jawaban yang benar adalah: A successful business idea should fulfill promises to customers and exceed expectations.

Soal yang benar adalah seperti apakah sebaiknya ide bisnis yang sukses berdasarkan teks tersebut.

Pada paragraf 5 tertulis: “A successful business idea should fulfill promises to customers and exceed expectations” yang terjemahannya “Sebuah ide bisini yang sukses harusnya memenuhi janjinya pada pelanggan dan melampaui ekspektasi.”

Dari informasi tersebut dapat disimpulkan bahwa sebuah ide bisnis yang sukses sebaiknya memenuhi janjinya pada pelanggan dan melampaui ekspektasi, yang dalam bahasa Inggris berarti “a successful business idea should fulfill promises to customers and exceed expectations.”

Oleh karena itu, jawaban yang benar adalah: A successful business idea should fulfill promises to customers and exceed expectations.

Semoga terbantu dan tetap semangat belajar, ya! 🙂